Juggling Dynamite

I did a spot with Kerry Lutz out of Greenwich this afternoon:

“The ever venerable Danielle Park joined us again today, 3/7/2012, to talk about the eroding rule of law and what it means to working people around the globe. While the future may always be uncertain, especially in these tumultuous times, there are many reasons to be hopeful and grateful that the super-trends of the past 30 years are ending. While growth may be slowing down around the world, the debt illusion has been popped. People are no longer rushing headlong into over leveraging their futures. We may once again become a nation of workers and savers, and what could possibly be wrong with that?”

You can listen to it here.

Here is the direct link.

Greece’s secret loan from Goldman Sachs Group Inc. was a costly mistake from the start for Greece, Italy, and all of Europe. Goldman (along with other investment banks) raked in billions while counseling foolish clients on how to self-destruct. In the process they took the world economy on a crazy, painful ride from ludicrous leverage to the inevitable aftermath of depression-like-conditions from which we will spend years struggling to recover. And for the “genius’ of their remarkable advice and service the financial world and politicians lauded and acclaimed Goldman as the “best of the best”. Time to admit, repent, rethink– time to get the vampire squid off the face of humanity. They are predators looking out for their own profits. We need to clearly label them as such and stop looking to them as trusted advisors. Stop giving them inside access and preferential treatment. Its like leaving pedophiles to run a daycare. Stop the madness. Here is the direct link.